Fact sheet: Renasset Eastern European

Fund information

Fund name
Renasset Eastern European AA GBP
Fund company manager
Mori Capital Management
Fund type
SIB
Fund manager(s)
Aziz Unan
since 01/01/2015
Fund objective
The Fund seeks long-term capital appreciation through investments primarily in a portfolio of Eastern European securities. The manager uses a bottom-up approach to incorporate both stock and sector views. The manager’s stockpicking style is a combination of proprietary valuation models, target prices, stock market capitalisation, liquidity and his view on the management’s quality. Please note that A Euro shares are closed to new subscriptions.
Benchmark
MSCI EM Europe 10/40
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

17.39 %

1 Year rank in sector

13/27

Sector

FO Equity - Emerging Europe

Yield
-
Fund size

£ 81.2 m

FE Risk score

150

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Russia
    51.8%
  • Turkey
    20%
  • Poland
    13.4%
  • Greece
    5.3%
  • Czech Republic
    4.4%
  • Financials
    28.2%
  • Energy
    23.3%
  • Materials
    10.3%
  • Industrials
    10.1%
  • Consumer Staples
    9.3%
  • Russian Equities
    51.8%
  • Turkish Equities
    20%
  • Polish Equities
    13.4%
  • Greek Equities
    5.3%
  • Czech Republic Equities
    4.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund6.83 %11.8 %17.39 %57.71 %4.34 %
Sector6.51 %9.94 %16.42 %38.55 %4.93 %
Rank within sector9 / 279 / 2713 / 275 / 2717 / 27
Quartile th2 nd2 nd2 nd1 st3 rd

Calendar performance

YTD-20182017201620152014
Fund5.3 %13.54 %46.69 %-7.24 %-28.49 %
Sector4.67 %12.56 %22.68 %-3.06 %-22.02 %
Rank within sector8 / 2713 / 272 / 2722 / 2721 / 27
Quartile th2 nd2 nd1 st4 th4 th

Risk statistics

Alpha5.84
Beta0.96
Sharpe0.71
Volatility16.94
Tracking error10.42
Information ratio0.47
R-Squared0.63

Price movement

52 week high10.36
52 week low8.46
Current bid price0
Current offer price0
Current mid price10.33

Holdings by region

  • 51.8% Russia
  • 20% Turkey
  • 13.4% Poland
  • 5.3% Greece
  • 4.4% Czech Republic
  • 3.3% Money Market
  • 1.8% Ukraine

Holdings by sector

  • 28.2% Financials
  • 23.3% Energy
  • 10.3% Materials
  • 10.1% Industrials
  • 9.3% Consumer Staples
  • 6.5% Telecommunications
  • 4.4% Others
  • 3.3% Cash & Cash Equivalents
  • 2.8% Real Estate
  • 2.7% Consumer Discretionary

Holdings by asset type

  • 51.8% Russian Equities
  • 20% Turkish Equities
  • 13.4% Polish Equities
  • 5.3% Greek Equities
  • 4.4% Czech Republic Equities
  • 3.3% Money Market
  • 1.8% European Emerging Equities

Individual holdings

  • 8.9% SBERBANK OF RUSSIA
  • 7.6% LUKOIL PJSC
  • 5.6% POWSZECHNA KASA OSZCZED BK POLSKI
  • 5.5% GAZPROM OAO
  • 4.6% POWSZECHNY ZAKLAD UBEZPIECZEN SA
  • 3.2% TATNEFTEPROM
  • 3.1% TURKIYE VAKIFLAR BANKASI TAO
  • 2.3% GEKTERNA
  • 2.3% NOVATEK PAO
  • 2.2% MAGNIT PJSC